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the fiscal cliff coming on january 1st, more of the president's health care law is starting to kick l log on to foxnews.com. ♪ >> well, the election is over and the white house is putting out new rules for the health care law, one is telling how to reward workers for living a healthier life. so, ben, you know what? let's put aside the worry that this is going to drive up cost? isn't this more of the nancy state nonsense? >> big brother is watching you, big brother is watching you through the obama white house, through the department of health and human services and transmit that to the job and also to your employer. i don't like it. i don't want big brother watching me and telling me how much to eat or when to walk or whether or not to smoke, i like to live my own life, and i'm a grownup. i had my mother telling me what to to eat when i'm a child, i'm done with that, i don't want mr. obama to be my mother. >> and i listen to my mommy and calls me and tells me to eat more veggies i will, but i draw the line there. julian, i think it's part of that social utopia coming out of washington
of the president's health more of the president's health care law is starting to kick [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. ♪ [ male announcer ] they are a glowing example of what it means to be the best. a at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. log on to foxnews.com. ♪ >> well, the election is over and the white house is putting out new rules for the health care law, one is telling how to reward workers for liv
law what is wrong? it is a win-win. >> in many ways. but some say it is great instead of taking on the young people. john: it would day replace the paid work? >> a few weeks ago i interviewed workplace correspondence from eight coulda college in new york and got a job at the most famous fashion house. nine a.m. through 9:00 p.m. not paid at all. weekends, sometimes she got their lunch. john: she can quit. >> that is true. that we believe companies should follow the rules. >> then they should lobby the labor department to chan the rule. john: you help students find internships? >> absolutely. we put them in organizations and i cann say enough the advantage is paid or unpaid day have incredible opportunities what they want to do with their life. networking. a young professional. john: he says it hurts the paid workers. >> how is that possible? maybe it is not what the full time employees would do. >> i recently interviewed a billionaire. mark cuban says he cnot believe he cannot give unpaid work to college students. >> i get about 20 e-mails per day it is my dream job to intern wi
american econoy needs and language. ah reg with regard to illegalill immigration i think the rule ofr law remains the best way way of making sure that people don't come into the country illegally. the risk of an amnesty, and we are talking of an imigration reform, that is basically all the are talking about, unfortunately, is amnesty. every amnesty, weather in europe or the united states, has had the effect of attracting more people into e country illegally in the hope of a future amney. lou: years ago i started talking about a rational, effective, humane immigration policy that would take into account all of the concerns about displacement of those who were in this country illegally, due process, make a determination about how work permits and legal status was coferred. that is not enough. the activist groups in this country insist upon one thing, and it is a remarkable demand in my eyes that they insist upon amnesty, and this president is insisting upon amnesty. what is your reaction? >> well, what i worry about most , immigration advocates is not amnesty, but the incredibly successful
. it's all haphazard and disorganized, but because of the lack of rule of law, the definition of who owns what in because they don't have addresses, can't get the credit. john: don't have addresses. >> well, to get an address somebody has to recognize the that is where you live. legal recognition. legal recognition means property when you have property, mailing address is command when you make a deal was someone you can be identified. the first -- the second characteristic in the is the address. if you go anywhere they say what is in a minority live. and some property is defined by law they cannot get into the kind of deals or the division of labor which is cooperation, specializing and create wealth because that is what makes you will the, the fact you don't have to milk a cow every day. you don't have to us borderland every day, build your own house. you can stick to doing a tv program. this part of a blackberry. the all market put together. the whole building, take care of it, and they can specialize. the day that they get titles, the day that the businesses in their homes, the se
to january 12012. tom: are you serious? did just passed a tax law that will go back to the beginning of the year? >> absolutely right. property is retroactive. the tax part of it is retroactive to january 1st 2012. the money generated from that goes to solidify the pesions of the teachers. it does not go to the schools at all. these are the games the democrats played day in, day out, wheeher it's california or waington d.c. tom: well, there have been some people lately that have been talking about one prominent publisher from weekly standard, bill kristol. they have been playing that over and over again. you know, after all i guess tea party people and everybody else and not too concerned about raising taxes on millionaires because half of them live in hollywood. are they goin to --it seems like some people on the ride are starting to talk about raising taxes. >> well, certainly - listen, you can't sit and raise taxes on everybody ele just to get back in hollywood. half of hollywood goes to monaco. you don't have to pay taxes. en head of facebook gave up his citizenship. democrats, i
. >> the reverse effect. when the law was passed, 61% of people were in the work force. now it's just 33%. one reason is that the law makes employers see the disabled as a legalhreat. you fire a disabled person he may sue you. in addition, it would force businesses to accommodate handicapped people. it includes hundreds of pages of rules. every new doorway must be 32 inches wide. every mirror 40 inches above the floor. if they aren't, they may sue you. he filed hundreds of lawsuits every year. >> john: what would you do if you were in a wheelchair, to don't you want something t protect your rights. >> but the prottion is a nasty thing. now some businesses are sued by disabled people who have never been in their store. drive-by the lawyers call them. a scout working for them drives up and down the street looking for businesses tt might not be compliant. eric was asked to do that. >> he got an e-mail from his attorney. go to the following 19 businesses, get 19 business cards and receipts and i'll pay you $1,000. >> just get a business card to prove he was there and a lawyer would find a reason t
a law that would prevent a tax hike on the first $250,000 of everybody's income. gerri: there's the president calling out congress. what do you have to say, congressman? >> yeah, here we go in the middle of this. the house passed all our tax things in april. we passed the sequestering documents in may. we waited for the senate since may to reciprocate on that. the senate and white house sat on it, and they said we'll see you in the lame duck period. now it's lame duck, and now they want to get started when we finished or work in may on it. it's been frustrating in the process. it's the same song, 38th verse on it, waiting for the senate to get it going. now we're actually going, and the president now says you can clear the table on this. the reality is this is not a tax issue. it never has been a tax issue. we have the same amount of revenue coming in in 2012 that we had in 2007, but we spend a trillion dollars more per year now than we did five years ago. this is a spending issue. gerri: spending or revenue, that is, the amount of money taken in by the federal government has
-team" coming up next. obamacare, the law of the land. not so fast. a lot of governors are saying, it's your lot. you enforce it. what it all means in tonight's "chalk talk". the billionaire verses the tax master. warren buffett takes on grover norquist. who is right? former cbo director douglas cosecant joins us next. ♪ lou: well, we are going to be assessing what is happening with the fiscal cliff, negotiations, talks tomorrow waste of time between the principal so-called in washington d.c. talking with former congressional budget office director douglas hopes he can hear in moments. first the "moneyline". lori ruined the day on wall street. concerns about the deep discounts being offered by retailers on black friday. worries about the fiscal cliff, greece of combining for a market that pretty much went nowhere today. the dow jones industrials down 42. as into down treatment nasdaq rose ten. the sixth day in a row in which the nasdaq has gained. light trading on the big board. concerns about increases in taxes on dividends for the high-yield dividend stocks of late. today at&t and verizon do
, but -- a gerri: and that means the law goes back to what it has been of the past 12 months, and you don't have to pay that. t w many people would be on thes hook? ha will what it means?eople would b >> right now theree are about 4 million infected people, butfr that would go up to 30 some odd million people.on so 28 million people would now be thrust in. if you remember, this was going t be t back to 1969, 1970. to 155 people is what they wanted to get that were not paying0 enough taxes. >> every year more and morewheri people got in. but now with this the virus isep saying, hey, we assume it will happen and it doesn't, then no one will be able to file their tax return on time. if you're expecting a refund you will not get it. actually, this is back toe y something we havei been telling clients for years. not investmentnan account, getting a lot of revisions, you can't tell yourrs tax return in february andsions. march, but everybody who gets aa refund wants to because they gey their money. is goieople who were expecting that money. lucky if they can file by aprili based on how this is going.
to do ts he had to violate a law because there is law that says every six months you have to come out with the cost in terms of jobs and money of new regulations. and that was due the 31st of october. he just, you know, flagrantly disobeyed the law so people didn't know. now we're looking at these huge things coming on us, i'm talking about, the, you've seen the whole list. melissa: i hear you. it is agonizing. no, i hear you. senator, thank you so much for coming on the show. we appreciate your time. >> thank you, melissa. melissa: here is our "money" question of the day, should a higher federal gas tax be part of a fiscal cliff compromise? we want to hear what you think. like us on facebook.co facebook.com/melissafrancisfox or follow me on twitter twitter,@melissaafrancis where almost no one liked the tax. >>> fuel gauge report tod, oil fell more than half a percent settling at 87.18 a barrel. >>> six u.s. senators are asking justice department to launch a probe of west coast oil refineries. remember we told you about this story. recent analysis, refineries were operating earlier th
and the future of the republican party with the "a-team" coming up next. obamacare, the law of the land. not so fast. a lot of governors are saying, it's your lot. you enforce it. what it all means in tonight's "chalk talk". the billionaire verses the tax master. warren buffett takes on grover norquist. who is right? former cbo director douglas cosecant joins us next. okay, that looks great... [ camera flash ] were you profitable last m mont? how much money is in your checking account? have the browns paid you for their addition yet? your finances are scattered all over the place. what are your monthly expenses? you keep your receipts in plastic baggies? seriously? [ announcer ] get it done and get it off your mind... with quickbooks. organize your small business finances... all in one place. quickbooks pulls in information from other sources. evennline banking and customer information. visit tryqckbooksfree.com today to start for free. and now your business can be at your fingertips, anywhere, with the convenient mobile app. from creating customized invoices, to tracking sales and expenses, qu
. the only perfect law i know was carried down a mountain by senator moses. lou: what should be positive words for republicans tempered by the fact that senator durbin has no standing as the president's representative in the negotiation, and harry reid is telling a far different stories. john boehner and his caucus, the target, again, of senator reid's blame game. the senate majority leader insistent that republicans are the only onee in the way of the deal. reid asked point blank what the first thing would be, and he offered this curious answer. >> well, remember, we've already done more than a billion dollars worth of cuts. we've already done that. we need to get some credit for that and the negotiations that take place. lou: meanwhile, according to the white house, everything is not on the table, the table that a president is not scheduled to be seated at. carney confirmed that president obama will not find any extension of the bush tax cuts for the top 2% of the earners in the nation, and a look at the president's schedule for the remainder of this week shows nothing in the way of ne
rule is about law, basically. judy you think he is? >> thank you. it is a pleasure to be here. that is the million-dollar question. who is the and what to see what. it looks like he was committed to peace, committed to the process of at least normalization in the short term of relations between israel and gaza. this latest power grab, a lot of people, including myself, by surprise. important to keep in mind that there are three power centers in egypt. the civilian elected leaders, including president more see in the parliament. second, the judiciary. and third, the military. what he attempted to do was take away a good deal of the judiciary authority and take it to himself which has been met by immediate and stiff resistance from the judiciary and apparently a good deal of the egyptian population as well. melissa: and this seems like his biggest problem is probably economic. i mean to know when you look at what has happened to this country and probably what inspired, you know, the eruption in the first place that brought him to power there, the biggest wheat importer in the wo
a -- some kind -- adopted a right to work law like in wisconsin, ndiana, and elsewhere. exactly how much of an import is this loss to the unions? >> oh, well, it was not just trying to ban right to work, but give government unions and effective veto over past, present, and future legislation. david: what kind of legislation? >> anything for government unions affected, hours, wages, terms and conditions of employment. david, atonement conditions could be as mundane as the price of candy in a vending machine. david: while unions score in terms of the president, bringing out the work force to get the president re-elected, on the local level, they lose state after state. michigan, wisconsin, governor recount. failed on that as well. >> that's right. i mean, you know, they lost by over ten points with governor walker's recall, and lost 42-58 in michigan, the the number one priority, and, yet, both states re-elected democrats, sent democrat senators to washington. they both re-elected obama by a resounding margin so you got to say, well, wait a minute, even these, you know, democrat voters vot
is. >> and stewart, i want to be clear, we didn't ask will the health care law have this and will the health care system get better or worse, and take the position that the law is making it less bad than it would be, but there's a huge divide. most democrats say they think that the health care system is going to get better and republicans overwhelmingly say you've got to be kidding and by a 48-17 margin unaffiliated say things are going to get worse, this isn't a big change from beforehand, but i think what we're seeing here is an almost a replay of the george bush dynamics with the situation in iraq, and bush bet his presidency and the future of the republican party on his invasion of iraq and that whole policy. president obama has bet his administration and the democratic future on this health care law and if it didn't work out well in the next few years it's going to have big impacts on future elections. stuart: and i've got another one. 48% think that any money raised with tax increases will be spent on new government programs. only 38% think it's going to actual
this tried. >> absolutely not. melissa: someone else will try. they will find a law and a way not to pay this down the road. if not san bernardino it will be someone else. >> i think a precedent will be set here. whenever there is bankruptcy what is it about? it is about reorganizing and restructure turing your debt so it is manageable and you can afford it. where you have a contractual obligation by the state, look it is defined benefit. you have to pay it, i think what they will end up doing structuring in such a way it frees up theirable to do this. hear is the larger question, melissa --. melissa: how would that work though? >> ultimately, there is all kind of creditors, right? you have debtor creditors. you have creditors who are owed money. some creditors who are owed money in the priority chain, list of priorities they're way down. but when you have commitments, you have to honor those commitments. this is a commitment that no other municipality has tried to get out of. they're now trying to do it. i think precedent would be set here would be dangerous. it would lead to parade of
the time to ask your employer to cut fat check. rich edson joins us from washington. >> the law says taxes are going up. trying to avert the full tax hike so we really don't know who will pay more or if anyone will pay more. one tax expert says a conservative tax play this year means plning for those higher rates. >> you're going to have to maybe assume or gas tax rates will go up rather dramaticay for higher income individuals. you might want to consider taking income where you have that option through compensation planning, businesses or where you are on a cash basis to explt income. >> advisors say take any bonuses before the first of the year is nearly five percentage point increase in the top income bracket and .9% health care surtax in january. the top rate for dividend jumps to nearly 40%, the health care law adds 3.8% on top of that. take capital gains at the top rate goes, and 3.8% health care tax on top of that. push expenses featuring tax deductions into the future beyond this year. use those seductions next year or after when rates are set to increase. congress could delay much
. and they are delaying that by hiring law firms and consulting firms, talking about how to spend their money on analysis of the problem when we clearly know what is a problem with the troy, the lack of competitive work and jobs and good companies in that area. connell: we dave: we have had experiments all over the country. we saw chicago raise taxes and got further in debt and wisconsin doing the opposite, lower taxes having a little bit of a boom. don't these experiments show us what the right course of action is? >> there's legacy-they are not going to get rid of. they need a local economy expanding and growing and you can go to grand rapids, have you been to grand rapids? the economy is booming. they are encouraging it to do so. they have got the recipe for growth that detroit lost her long ago. [talking over each other] >> they have held back the growth of the city -- dave: there are some cities i could point to where the mayors are not on the up and up but -- a city that had a lot of corruption, why can't he get the message? liz: they only hold back thirty million to hang over the head. we are goin
. here's dave. >> welcome to america. welcome to government hand outs? a republican law makers demanding that the department of scort scort taking down the web site showing new immigrants how to sign from medicaid to food stamps. is this the new american dream. welcome to forbes on fox we'll go to mr. steve forbes elizabeth and rick and mike. steve, is this the america you know and love? >> no, david, it is not just immigrants of the country. people here now they are trying to mke dependent on the government. that means more votes for them and you center the hidous cartoon. birth to death. corrupting us and the immigrants and got to stop it >> rick, it is it a land of opportunity and hand outs. >> no one is handing it out. >> yes, they are. nit is just information that is available. same example -- information that shows up. anybody here in the table mitt romney, his father when he came here from mexico. he got that exact kind of government aid and he turned out to be predent of one of the nation's biggest autocompanis and became governor of the state of the michigan. >> my dear friend r
. it is it the rise of the unions and the port problem as it were. they wereiolating the californiatate laws. we are talking about the union and so far. this is it a problem. njohnathon wayne mentioned the port of oakland and six percent of all u.s. goods. that is the union's point to cause disruption and hurt the economy. and i tell you, they have every right to strike but the employers have the right to kick the ass to the curve. a job is a mutually agreeable trade. employers offering a job and if they don't like hit the brickings. >> do you tnk it is bad for the economy over all. we are in a fiscal cliff and rough waters here and now this to deal with? >> i think it could be bad for the econom they have the merchandise and this is not going to affect thanksgiving shopping season and christmas most likely. but look at history. 1948 we had five million workers on strikend it crippledhe economy. the taft hartley act brought back the boom. that is it breaking of the unions and created the boom that eisenhower had. if these uon heads go forward. this could hurt t economy. >> tracey, you made the p
liberty university to obamacare. they argue the law mandates that employers purchase of insurance is unconstitutional. it'll be reheard. they been any outcome, the supreme court can eventually choose to hear the case. michael bloomberg released in the request for federal aid for recovery following super storm sandy's devastation. they estimate the total to the $19 billion in losses with the net cost to repair the damage south of $10 billion. u.s. immigration and customs enforcement teaming up to announce the seizure of 132 internet domain names accused of selling counterfeit merchandise. according to an icd press release, the websites are set up to do customers into unknowingly buby counterfeit goods this holiday season. those are your headlines, now back to melissa. melissa: thank you so much. as the fiscal cliff looms, one area that could be getting hit is your retirement savings. peter barnes is in washington, d.c., with more on this. why are you focusing on this part of the pie? >> it is one of the biggest tax breaks out there, melissa. budget negotiators talking about trimmin
telling you what the law is, this is -- it does not matter what my personal opinion is, i am telling i read the law, i look add the it they have the right to do it, if you want to work at that company you are part of it, did my parents want me immunized when i was a kid, properly not but it was required, for rebecca to say there a huge distinction there is not. >> there is. neil: ladies, wish we had more time, you get a great deal but your boss gets a raw deal, how cyber monday could save folks money but cost them their jobs, we'll explain. neil: today is expected to be the biggest on-line shopping day in history, 1.5 billion bucks in sales, but you know think about a lot of folk are doing it at work, you can't do that. you know we do that here, they shoot us. retail analyst, faith hope is joining us, saying that weekend was a kickoff of a huge holiday season in stores and on-line could faith. the job issue notwithstanding good numbers all the way? >> good numbers, really good. looks really good. thursday sales were fantastic. friday was a little slower. neil: the stores that opened. >
, thanks, guys. coming up, the white house putting out new rules for the president's health care law. why the cavuto gang says it just puts the nanny state in your workplace. and that at the bottom of the hour, but up here first, federal employeesleading with congress we've suffered the loss so leave our pay and benefits alone in the fiscal cliff costs. thehehehehe childress, and now back to bulls and bears, and for the latest headlines, log on to foxnews.com. >> leave us alone, as the fiscal cliff nears a group representing more than two dozen federal employee unions telling congress not to touch their pay and benefits when it comes to any debteal they say, quote, no other group has been asked to financially ntribute the way they have. gary b, you say what? >> yeah, i don't understand that, brenda. from two perspectives, one, in life for like jobs, including the benefits and wages, government employees make out a lot better than their counterparts in the private sector, number one, discriminated against. two, the unemployment rate for government workers is about half of what the unemploy
, thanks, guys. coming up, the white house putting out new res for the president's health care law. why the cavuto gang says it just puts the nanny state in your workplace. and that's at the bottom of the hour, but up here first, federal employees pleading with congress we've suffered the loss so leave our pay and benefits ane in the fiscal cliff costs. cliff costs. thehehehehe the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going onow -- but hurry, the offer ends soon. can i still ship a gift in time
believes. you're also right to say that at some point, the laws of the economics kick in. we're seeing this now in greece, throughout western europe. when something can want go on, it won't. it will stop. we are going to hit a wall here. this is what governor romney, paul ryan have been talking about. ryan's two years of budget proposals passed by the house, killed by the democrats in the senate saying, look, we know the laws of economics kick in here, and these programs are going to come to a screeching halt because there is no more money, so what we'd like to do now, before the crisis, is try to reform these programs in order to save them, not destroy them. dagen: i said this for years, social security's an easy fix because you're not dealing with people's health. social security is just, you know, changing the retirement age and changing how the initial benefit is calculated, and that's pretty much it. it seems so simple, but it's hard, nevertheless, to get the republicans a large group of them, to get excited about doing this so do you think that it doesn't happen until, well, unti
, speaker of the house, wrote this, we can't afford it. we can't afford to leave it intact. the law has to stay on the table as both parties discuss ways to solve the nation's massive debt challenge. it haseen put on the table is yet another king, something republicans want on the table. we need to do something about obamacare if we are going to make any move on the other front. does thamean these talks will be stopped before they are even started? >> i don't think so because obamacare should have been on the table from the beginning because the tax increases it will bring about on january 1st. the biggest most expensive most economic damaging increase in obamacare kicks in january 1st. that is 3.8% surtax on investment income, capital gains and dividends that will slow investment which will slow the economy and slow job creation. we're in no position to be slowin the economy and cutting back on jobs with so many americans out of work. gerri: i want to show folks will we're looking at as we go over the fiscal cleft. increase in wages and salaries of 5%. long term capital gains, 7% quali
who buys a gun is in favor of gun laws and our rights in this country, and they feel that president obama is not in defense on that. stuart: buy now to avoid cap on gun sales later? we've got the judge sitting here. i can't resist. can someone say on political grounds you can't come in my store? >> it depends on where you are. in our home state of new jersey, you cannot because there's a statute that prohibits, a store, a public accommodation, a hotel, any business from which the public is inviting from discriminating on the basis of political views for people coming on the premises. arizona doesn't have such a statute. you have a freedom to deal wither who you want. in -- you have the freedom to deal with whoever you want in arizona. stuart: do we give up our privacy when we text people, when we e-mail, the voice mails we have, could those messages be used to invade our privacy and used in court against us? obvious question for the judge who p thats to be sitting here. he is the author of the book theodore and woodrow. how private are smart phones? >> i'm worried that i and people
sometime this year. the laws already on the books. tell us about that. >> correct. for example, already 25 economically significant regulations at the white house now. regulations with an economic impact of $100 million or more. some of those are rules under the affordable care act, the menu labeling rules, rules for vending machines, labor requirements. a lot at the white house now. a lot of rules that are past their statutory deadline, past the deadline that the administration set for them that have been waiting around for several months. we don't know why. even as some it might be because of the election because the pace the rerun right now is significantly lower than other reelection years. gerri: more than 80 percent of the rules have been under review for 90-plus days. what is it takes a long? i don't even want to see these rules come into place, but at the end of the day they should have some efficiency about enacting them. gerri: the biggest issue is transparency, and you mentioned the 90 day threshold. under the executive order 90 days is supposed to be the maximum. you have rough
that stuff away. >> i am not happy, i am telling you what the law is, this is -- it does not matter what my personal opinion is, i am telling i read the law, i look add the it they have the right to do it, if you want to work at that company you are part of it, did my parents want me immunized when i was a kid, properly not but it was required, for rebecca to say there a huge distinction there is not. >> there is. neil: ladies, wish we had more time, you get a great deal but your boss gets a raw deal, how cyberonday could save folks money but cost them their jobs, we'll explain. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professional who helped us achieve the hhest average
Search Results 0 to 49 of about 69 (some duplicates have been removed)

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